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US-based Ferrara Candy, affiliated to Ferrero, is looking to acquire the owner of brands including Carambar, Lutti, and Krema.
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Clarebout Potatoes specialises in producing frozen potato products for private-label customers.
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The appointment comes amid reports of ongoing tension between Unilever and the board at Ben & Jerry’s.
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“The investment of approximately €400m is the largest in Fazer’s history and is also significant from a Finnish food industry perspective,” CEO Christoph Vitzthum said.
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The UK snacking giant said the investment is expected to boost brand growth and support infrastructure at its factories in the Northwest of England.
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HR Food Processing, known for its Osam brand, operates in Bihar, Jharkhand and other eastern Indian dairy markets.
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Ferrero has added more products to its basket with an eye-catching move for US cereal business WK Kellogg.
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Kirk Tanner will need plenty of tools in his kit bag to return confectionery volumes to positive territory.
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